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Former New York State Assembly Speaker Sheldon Silver addresses reporters Tuesday after pleading not guilty to charges of corruption. (Credit: AP)

Ex-NY Speaker Silver Maintains Innocence In Corruption Case

Former New York State Assembly Speaker Sheldon Silver pled not guilty on Tuesday to new federal charges in a corruption indictment related to his alleged no-show jobs with two Manhattan law firms.

  • Fed. Circ. Remand Shows Nautilus May Have Little Impact

    The Federal Circuit's remand ruling Monday that a Biosig Instruments Inc. patent asserted against Nautilus Inc. is not indefinite, the same conclusion it reached before the U.S. Supreme Court changed the indefiniteness test last year, shows that the new standard likely won't cause the spike in invalidity findings that some expected, attorneys say.

  • Ex-Bryan Cave Atty Pleads Not Guilty In Maxim Fraud Case

    Former Bryan Cave LLP transactional lawyer Harvey Newkirk pled not guilty Monday to charges of helping a client fraudulently obtain more than $8 million in bank financing to acquire Maxim magazine and trying to fraudulently obtain $34.5 million more.

  • Foundry Insider Gets 78 Months, Vows 'Newman' Appeal

    Former Foundry Networks Inc. executive David Riley was sentenced on Monday to 6 1/2 years in prison for passing inside tips about the computer equipment company to a hedge fund analyst, but vowed to appeal in light of the Second Circuit’s decision in U.S. v. Newman.

  • Harvey Miller, Godfather Of Bankruptcy Law, Dies At 82

    Harvey R. Miller, a pioneering bankruptcy lawyer who wielded vast influence over the evolution of modern U.S. restructuring law during nearly half a century at Weil Gotshal & Manges LLP, has died, his firm announced Monday. He was 82.

  • Madoff Trustee Nets $11.1M In Clawback Deal With Families

    The trustee managing the wind-down of Bernard L. Madoff Investment Securities LLC reached a settlement Friday totaling $11.1 million with three groups of defendants alleged to have received more than $58 million in fictitious profits from the Ponzi brokerage.